Well more specifically we pay payroll tax twice - we pay the "employer" half and the "employee" halfhttps://twitter.com/realsesmith/status/819696480340492288 …
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(I have been given the "Start an LLC to protect yourself" advice from VERY IMPORTANT PEOPLE WHO SHOULD KNOW BETTER)
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Anyway I'm not ready to jump on "self employed status = oppression" bc some very wealthy ppl abuse it very lucratively
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everything you said is wrong. LLC can provide limited liability for a solo if properly done, and LLC itself does nothing. /1
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I researched this heavily when I started an LLC, didn't see any way to limit tort liability that applied to me
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so I'd there a different structure you would suggest if you were the only employee?
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you have to elect S-Corp status too. Don't give out legal advice, the rest rocks, signed someone who does it for a living /2
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This also varies by state & profession. Some profsns are specifically prohibited from structuring to limit personal liability
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